The theoretical features of monetarism are presented in this work, with an emphasis on their
thinking on money and financial crisis. Global financial crisis has been defined and we analyzed
causes, culmination and consequences of crisis on world economy. In the main part we analyzed
the monetaristic view of the financial crisis. Questions like causes that led to large-scale crises,
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why did the government allow the development of the crisis and which mistakes were made in
monetary policy by central banks were especially observed during the work.